back-office Open An Account
partner-with-us Partner with Us
Corporate Actions
NMDC climbs after hiking iron ore prices

06-Apr-26   14:47 Hrs IST
The company has revised the price of Baila lump ore (65.5%, 10-40 mm) to Rs 5,300 per tonne from Rs 4,800 earlier, marking an increase of about 10.4%. Prices of Baila fines (64%, -10 mm) have been raised to Rs 4,500 per tonne from Rs 4,050, reflecting an increase of around 11.1%.

The revised prices came into effect from 5 April 2026 and are exclusive of royalty, levies and other applicable taxes.

Meanwhile, the company reported a sharp 50.7% increase in iron ore production to 5.35 MT in March 2026, compared with 3.55 MT in March 2025. Iron ore sales surged 40.1% YoY to 5.90 MT in March 2026 as against 4.21 MT in March 2025.

NMDC is engaged in the exploration and production of iron ore along with diamond production and the sale of sponge iron and the generation and sale of wind power.

The company's consolidated net profit declined 6.66% to Rs 1,756.59 crore on a 15.9% rise in revenue from operations to Rs 7,610.79 crore in Q3 FY26 over Q3 FY25.

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.